Worker Education & Resource Center Inc
Only null% goes to programs Strong reserves Growing revenue
Worker Education & Resource Center Inc is a 501(c)(3) organization based in Los Angeles, California, registered in 2003, with $4,920,374 in FY2023 revenue. CharityIndex grades it B.
1545 Wilshire Boulevard, Los Angeles, CA, 90017 EIN 95-4888539 Since 2003
Revenue (FY2023)
$4.9M
▼ 5.5% vs prior year
Education median: $200K
Expenses (FY2023)
$5.0M
Net assets
$4.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Worker Education & Resource Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Worker Education & Resource Center Inc: 12 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Worker Education & Resource Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Worker Education & Resource Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1545 Wilshire Boulevard, Los Angeles, CA, 90017
- City
- Los Angeles
- State
- California
- Category
- Education
- Subcategory
- Adult & Continuing Education
- Website
- …
Financial trends
Revenue grew from $2.6M (FY2013) to $4.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $351KNet assets $4.9M
Operating margin
-0.8%
Spent more than it raised in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$351K
Net assets
$4.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,920,374▼5.5% | $4,959,683▲12.1% | $4,874,022▼0.8% | $5,224,903▼1.3% | 990 |
| 2022 | $5,204,789▲48.2% | $4,422,369▲57.3% | $4,913,278▲18.9% | $5,293,894▲23.6% | 990 |
| 2021 | $3,513,070▲12.4% | $2,810,968▲17.8% | $4,130,858▲20.5% | $4,284,407▲20.1% | 990 |
| 2020 | $3,126,599▲26.5% | $2,385,658▲3.0% | $3,428,756▲27.6% | $3,566,673▲28.0% | 990 |
| 2019 | $2,470,959▼2.2% | $2,315,174▼8.6% | $2,687,815▲6.2% | $2,787,430▲3.5% | 990 |
| 2018 | $2,525,516▼0.3% | $2,532,767▼8.6% | $2,532,030▼0.3% | $2,693,181▼0.2% | 990 |
| 2017 | $2,533,210▼8.1% | $2,771,221▲22.9% | $2,539,281▼8.6% | $2,697,565▼5.3% | 990 |
| 2016 | $2,756,354▲30.1% | $2,254,919▲23.8% | $2,777,292▲22.0% | $2,849,522▲21.0% | 990 |
| 2015 | $2,118,744▼6.5% | $1,821,268▼9.3% | $2,275,857▲15.0% | $2,355,147▲12.2% | 990 |
| 2014 | $2,265,439▼11.7% | $2,007,918▼15.6% | $1,978,381▲15.0% | $2,098,361▲14.8% | 990 |
| 2013 | $2,566,692 | $2,378,656 | $1,720,860 | $1,828,329 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.0M total
8 grants to Worker Education & Resource Center Inc totaling $2.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $250,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2023 | $250,000 |
| Jobs For the Future Inc | To support hilton hrtf | 2023 | $150,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical | 2022 | $250,000 |
| Jobs For the Future Inc | Hilton hrtf project | 2022 | $200,000 |
| Public Health Institute | Technical assistance | 2021 | $770,000 |
| Local Initiatives Support Corporation | See part iv | 2020 | $75,000 |
| California Community Foundation | Health care | 2014 | $49,660 |
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Frequently asked questions
- Is Worker Education & Resource Center Inc a legitimate nonprofit?
- Yes. Worker Education & Resource Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4888539, based in Los Angeles, California. Donations are tax-deductible.
- What is Worker Education & Resource Center Inc's EIN?
- Worker Education & Resource Center Inc's Employer Identification Number (EIN) is 95-4888539.
- How much revenue does Worker Education & Resource Center Inc report?
- Worker Education & Resource Center Inc reported $4,920,374 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Worker Education & Resource Center Inc have?
- CharityIndex grades Worker Education & Resource Center Inc B, based on financial health (reserves and operating margin).
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Data for Worker Education & Resource Center Inc (EIN 95-4888539) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.